International Business Machines Corporation $IBM Shares Purchased by Values Added Financial LLC

Key Points

• Values Added Financial LLC increased its stake in International Business Machines Corporation by 58.6%, owning 3,055 shares valued at $901,000.
• IBM reported $2.80 earnings per share for the last quarter, exceeding analyst estimates and showing a 7.7% year-over-year revenue increase.
• The company announced a quarterly dividend of $1.68 per share, with a payout ratio of 109.09%, reflecting its commitment to returning value to shareholders.

Values Added Financial LLC boosted its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 58.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,055 shares of the technology company's stock after acquiring an additional 1,129 shares during the period. Values Added Financial LLC's holdings in International Business Machines were worth $901,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in International Business Machines by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 93,137,767 shares of the technology company's stock valued at $23,159,637,000 after acquiring an additional 1,298,515 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in International Business Machines by 6.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,636,725 shares of the technology company's stock valued at $2,147,608,000 after acquiring an additional 524,633 shares during the period. Ameriprise Financial Inc. increased its position in International Business Machines by 1.0% in the 1st quarter. Ameriprise Financial Inc. now owns 5,516,240 shares of the technology company's stock valued at $1,371,812,000 after acquiring an additional 52,317 shares during the period. Goldman Sachs Group Inc. increased its position in International Business Machines by 20.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,157,846 shares of the technology company's stock worth $1,282,550,000 after purchasing an additional 889,008 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in International Business Machines by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,108,455 shares of the technology company's stock worth $1,270,022,000 after purchasing an additional 24,790 shares during the period. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Price Performance

IBM stock opened at $289.31 on Thursday. International Business Machines Corporation has a 1 year low of $203.51 and a 1 year high of $301.04. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.87 and a current ratio of 0.91. The stock's 50 day moving average price is $256.92 and its 200 day moving average price is $260.14. The firm has a market cap of $268.88 billion, a P/E ratio of 46.97, a PEG ratio of 4.52 and a beta of 0.73.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.65 by $0.15. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The firm had revenue of $16.98 billion for the quarter, compared to analyst estimates of $16.58 billion. During the same quarter in the prior year, the company earned $2.43 EPS. International Business Machines's revenue was up 7.7% on a year-over-year basis. International Business Machines has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 8th were given a $1.68 dividend. This represents a $6.72 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 8th. International Business Machines's dividend payout ratio (DPR) is 109.09%.

Wall Street Analyst Weigh In

Several research firms have issued reports on IBM. Erste Group Bank cut International Business Machines from a "buy" rating to a "hold" rating in a research report on Thursday, August 14th. UBS Group boosted their target price on International Business Machines from $195.00 to $200.00 and gave the stock a "sell" rating in a research report on Thursday, July 24th. Bank of America dropped their target price on International Business Machines from $320.00 to $310.00 and set a "buy" rating on the stock in a research report on Thursday, July 24th. Stifel Nicolaus boosted their target price on International Business Machines from $290.00 to $310.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of International Business Machines in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $284.62.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

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